APRA to probe banks' housing risks
APRA chairman Wayne Byres says the regulator is reviewing risk weighting for housing exposures.Join us as we bring you all the coverage from the AFR Banking and Wealth Summit.
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Housing risks to force up bank capital
The head of APRA has put the big banks on notice that more capital will be needed to counter a build up of risks in the housing market in a stongly-worded speech at the AFR Banking & Wealth Summit.
Westpac CEO pledges bigger startup focus
Brian Hartzer has said Westpac's ability to partner, acquire and invest in fintech startups will become increasingly central to the bank's future survival.
Markets Live: ASX rallies on resources
Strong gains in crude prices and a steadying iron ore price help miners and energy names rally and push the ASX higher at the open.
China's capital account timebomb
US policymakers should worry about China's excess savings and credit, not its current account. That is where danger now lies.
RBA takes aim at desperado borrowers
RBA governor Philip Lowe warns too many banks are giving loans to badly stretched borrowers, increasing the risk of a wave of defaults.
Why journos make good fund managers
What is it about journalism that prepares you for making the big bucks in funds management?
ANZ reshapes with $4.5b wealth auction
ANZ CEO Shayne Elliott kicks off the formal sale process for its wealth division, putting an end to the often criticised vertically integrat...
Trump mulling radical GST plan
President Donald Trump's economic team is exploring the radical possibility of adopting a value-added tax similar to Australia's GST.
Mortgage crackdown could halve loan amounts
More realistic assumptions about how much households spend could cut borrowing capacity by hundreds of thousands of dollars.
